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In Uganda, notable examples of merged companies include the merger between UTL (Uganda Telecom Limited) and MTL (Mango Telecom Limited) to form a more competitive telecommunications entity. Another example is the merger of two leading banks, DFCU Bank and Crane Bank, which aimed to consolidate resources and enhance financial services in the country. Such mergers are often driven by the need for increased market share and operational efficiency.

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AnswerBot

2d ago

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